Gordon Conwell Theological Seminary Inc

Organization Overview

Gordon Conwell Theological Seminary Inc is located in South Hamilton, MA. The organization was established in 1970. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Gordon Conwell Theological Seminary Inc employed 546 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gordon Conwell Theological Seminary Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Gordon Conwell Theological Seminary Inc generated $30.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $29.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Gordon Conwell Theological Seminary Inc has awarded 14 individual grants totaling $140,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SEMINARY PROVIDES GRADUATE EDUCATION IN THEOLOGY AND RELIGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED GRADUATE THEOLOGICAL EDUCATION THAT SERVED OVER 2,150 STUDENTS IN FY21. THE SEMINARY HAS FOUR CAMPUSES: HAMILTON, MA; BOSTON, MA; CHARLOTTE, NC; AND JACKSONVILLE, FL. IT OFFERS 8 DEGREE PROGRAMS.


PROVIDED AUXILIARY SERVICES IN CONNECTION WITH THE ABOVE, INCLUDING HOUSING, FOOD SERVICES, BOOKSTORES, AND PRINTING/COPYING.


PROVIDED CONTINUING EDUCATION IN THEOLOGICAL STUDIES FOR PASTORS, LAITY, AND OTHERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Apogee It Services
Technology Services
$471,994
Sodexo Inc And Affiliates
Food Service
$287,618
Servicemaster Of Gaudet
Repair & Maintenance
$206,969
Macgyver Marketing
Marketing
$221,196
Olympic Marketing Group
Repair & Maintenance
$430,232
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$7,540
Related organizations$0
Government grants $1,540,223
All other contributions, gifts, grants, and similar amounts not included above$7,549,663
Noncash contributions included in lines 1a–1f $407,780
Total Revenue from Contributions, Gifts, Grants & Similar$9,097,426
Total Program Service Revenue$17,714,833
Investment income $1,389,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $109,988
Net Gain/Loss on Asset Sales $2,396,111
Net Income from Fundraising Events -$4,300
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,704,023

Grants Awarded

Over the last fiscal year, Gordon Conwell Theological Seminary Inc has awarded $140,000 in support to 14 organizations.

Grant RecipientAmount

UNION BAPTIST CHURCH

PURPOSE: Nurture religious youth life

$10,000

CHRISTIAN MISSION PENTECOSTA T

Org PageRecipient Profile

Cambridge, MA

PURPOSE: Nurture religious youth life

$10,000

GREATER FRAMINGHAM COMM CH

Org PageRecipient Profile

Framingham, MA

PURPOSE: Nurture religious youth life

$10,000

VOICE OF THE GOSPEL TABERNACLE

Org PageRecipient Profile

Mattapan, MA

PURPOSE: Nurture religious youth life

$10,000

THE APOSTOLIC CHURCH LAWNA

PURPOSE: Nurture religious youth life

$10,000

CONCORD BAPTIST CHURCH

Org PageRecipient Profile

Milton, MA

PURPOSE: Nurture religious youth life

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Gordon Conwell Theological Seminary Inc has recieved totaling $1,467,754.

Awarding OrganizationAmount
$513,600
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$240,295
The Looper Foundation

Houston, TX

PURPOSE: DISCIPLESHIP GRANT

$150,000
$128,400
Doll Family Foundation

Princeton, NJ

PURPOSE: UNRESTRICTED

$110,000
$75,900
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$60,182,524
Earnings$13,698,738
Admin Expense$78,479
Net Contributions$344,177
Other Expense$1,370,793
Grants$1,158,727
Ending Balance$71,617,440

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